The majority of U.S.-based defined contribution pension plan sponsors said they haven’t felt the need to pause or reduce contributions during the coronavirus pandemic, according to a new survey by the Defined Contribution Institutional Investment Association. While 86 per cent of respondents said they aren’t considering suspending matching employer contributions, just eight per cent said they already have. […]
A new report by a U.K.-based think tank is suggesting public policy should shift to allow pension plan investments to help bolster the country’s infrastructure needs. The report, by the Social Market Foundation, urged the government to foster the growth of fewer, but larger, pensions funds, with the scale to make major infrastructure investments. “Learning from Australia […]
Before physical distancing, pension plan sponsors typically held in-person meetings and site visits when allocating to new investment managers. “I like to look people in the eye when they’re telling me what they’re going to do,” says Blair Richards, chief executive officer of the Halifax Port ILA/HEA Pension Plan. “It’s very old school and it’s […]
The Canada Pension Plan Investment Board is building on its partnership with Lendlease Corp. with a further £85 million 50/50 co-investment in the U.K. residential real estate sector. The investment will go toward the building of 123 new build-to-rent homes in south London’s Elephant Park neighbourhood. It marks the second investment the organizations made together this year, […]
The vast majority (81 per cent) of global pension plan sponsors said they have allocations to some kind of climate change-related funds, according to a new survey from CREATE-Research. Specifically, when it comes to passive funds, 44 per cent of respondents said they allocated at least some of the passive segment of their portfolio to a climate change-related […]
The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are participating in the initial round of financing for Seattle-based Sana Biotechnology Inc. With the help of other investors, the initial financing comes to more than US$700 million. The financing is aimed at helping the company bolster its core platforms — gene delivery, immunology, […]
Along with the rest of the globe, Canada isn’t likely to see the V-shaped recovery that institutional investors were hoping for as it stares down the recessionary road ahead. “Canadian activity was also on the softening path even at the end of last year,” says Irene Lauro, an economist at Schroders. “And this is because […]
The Ontario Teachers’ Pension Plan is joining a consortium of other institutional investors to invest in certain gas pipeline assets of the Abu Dhabi National Oil Co. The assets are valued at $20.7 billion and the other investors include Global Infrastructure Partners, Brookfield Asset Management Inc., Singapore’s sovereign wealth fund, NH Investment & Securities Co Ltd. and Snam, an […]
The Caisse de dépôt et placement du Québec is investing $8.7 million in Canadian architecture and design firm Lemay in the form of a loan. The financing aims to support the firm’s growth plan and its technology-based innovation efforts, specifically in the field of sustainable design. Read: Caisse, CPPIB building on investment in engineering firm “With […]
The Caisse de dépôt et placement du Québec is providing a loan to LCI Education, a Quebec-based network of higher education institutions. The financing aims to help the LCI accelerate its online education initiatives and pursue its international expansion. Further, it aims to support its family business succession process. “LCI Education was a forerunner in […]